Settings8H · net · $10k
Funding arb · Price arb /

ENA

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0084%/8h= +9.2% APRnext payment +$0.10 per $10,000 · paid last 24h −0.050%
Price spread now: 01 Exchange against Pacifica+0.116%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and 01 Exchange is 0.116% dearer against Pacifica than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica ENA0.21500.0100pay 0.0013% / 1h18m 14s$423K$553K10x
Short01 Exchange ENAUSD0.21520.0184get 0.0023% / 1h18m 14s$4K$30210x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange against Pacifica. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$17.64
Price spread: +0.116% → 0.000%
$11.63
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
$14.27
Costs to cover
0.150%
Break-even
1.3 days
Slippage unknown: Pacifica: live order book, 55 min ago; 01 Exchange: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Pacifica live order book, 55 min ago0.23 bp7.1 bp −$7doesn't fitdoesn't fitdoesn't fit
Sell 01 Exchange no order-book sample
01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

ENA on 42 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit ENA_USDC-PERPETUAL0.0000%1h0.2157+0.349%$80K$1.7M50xas long as short
gTrade (Gains Network) ENA/USDL +0.0003% / S −0.0004%1h0.2153+0.149%$103K150xas long as short
Orderly PERP_ENA_USDC+0.0033%4h0.2156+0.288%$42K$23K10xas long as short
Injective ENA/USDC PERP+0.0033%1h0.2123−1.223%$522$57K5.5xas long as short
dYdX ENA-USD+0.0035%1h0.2151+0.057%$142K$15K5xas long as short
Popdex ENAUSDT+0.0096%1h0.2150+0.014%$63K$518K50xas long as short
Nado ENA-PERP+0.0100%1h0.2151+0.058%$712K$1.8M10xas long as short
Aster ENAUSDT+0.0100%4h0.2152+0.100%$1.6M$3.3M50xas long as short
Pacifica ENAlong+0.0100%1h0.2150long leg$423K$553K10x
Binance ENAUSDT+0.0100%4h0.2157+0.330%$134.5M$443.2M75xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ENAUSDT+0.0100%4h0.2157+0.344%$89.0M$187.2M50xas long as short
OKX ENA-USDT-SWAP+0.0100%4h0.2158+0.367%$21.1M$110.7M50xas long as short
Ondo Perps ENA-USD.P+0.0100%1h0.2145−0.205%$16K$411K5xas long as short
Arcus ENA-USD+0.0100%1h0.2152+0.107%$107K$242K10xas long as short
Bulk ENA-USD+0.0100%1h0.2150+0.018%$94K$4K10xas long as short
Gate ENA_USDT+0.0100%4h0.2158+0.372%$11.0M$21.3M50xas long as short
MEXC ENA_USDT+0.0100%4h0.2157+0.363%$46.1M$44.7M200xas long as short
KuCoin ENAUSDTM+0.0100%4h0.2158+0.409%$24.8M$16.5M75xas long as short
Bitget ENAUSDT+0.0100%4h0.2156+0.312%$48.9M$61.4M75xas long as short
BingX ENA-USDT+0.0100%4h0.2157+0.354%$32.5Mas long as short
Backpack ENA_USDC_PERP+0.0100%1h0.2159+0.447%$384K$409K5xas long as short
Variational Omni ENA+0.0100%4h0.2144−0.242%$3.9M$10.1Mas long as short
edgeX ENAUSDC+0.0100%4h0.2144−0.247%$248K$7.5M20xas long as short
GRVT ENA_USDT_Perp+0.0100%4h0.2145−0.234%$357K$4.6M10xas long as short
ApeX Omni ENAUSDT+0.0100%1h0.2146−0.172%$33K$688K50xas long as short
Polymarket Perps ENA-USD+0.0100%1h0.2153+0.144%$180K$2.4M10xas long as short
SunX ENA-USDT+0.0100%4h0.2101−2.265%$1K$832K20xas long as short
SoDEX ENA-USD+0.0100%1h0.2157+0.340%$4K$10K10xas long as short
HTX ENA-USDT+0.0100%4h0.2164+0.665%$279K$1.1M50xas long as short
Phemex ENAUSDT+0.0100%4h0.2156+0.293%$2.0M$9.4M50xas long as short
Paradex ENA-USD-PERP+0.0100%8h0.2149−0.042%$48K$11010xas long as short
Aevo ENA-PERP+0.0104%1h0.2158+0.371%$75K$4K3xas long as short
Phoenix ENA+0.0150%1h0.2147−0.107%$8K$347K10xas long as short
01 Exchange ENAUSDshort+0.0184%1h0.2152+0.116%$4K$30210x
Kraken Futures PF_ENAUSD+0.0231%1h0.2158+0.409%$2.7M$5.1M50xas long as short
Extended ENA-USD+0.0312%1h0.2156+0.305%$1.6M$4.2M50xas long as short
GMX ENA/USD [ETH-USDC]L +0.0333% / S −0.0430%1h0.2153+0.143%$81K100xas long as short
BloFin ENA-USDT+0.0340%4h0.2151+0.079%$5.7M$2.0M75xas long as short
Reya ENARUSDPERP+0.0412%1h0.2152+0.108%$1K$5K15xas long as short
Coinbase International ENA-PERP-INTX+0.0608%1h0.2150+0.009%$851K$1.8M50xas long as short
Lighter ENA+0.0704%1h0.2160+0.479%$5.7M$12.7M10xas long as short
Hyperliquid ENA+0.0769%1h0.2162+0.549%$117.4M$74.6M10xas long as short